December 23, 2024
Telegram became profitable for the first time after three years of monetization thumbnail
Economy

Telegram became profitable for the first time after three years of monetization

For the first time in three years of monetization, the Telegram messenger became profitable.”, — write: epravda.com.ua

For the first time in three years of monetization, the Telegram messenger became profitable. This was announced by the founder Pavlo Durov. In 2024, the number of paid subscribers of the messenger tripled and now there are more than 12 million of them. Likewise, income from advertising has grown several times. Telegram’s total revenue in 2024 exceeded one billion dollars. Durov also noted that Telegram ends the year with more than $500 million in cash reserves, not including cryptoassets.Advertisement: Also this fall, the owners paid off part of the debt, which amounted to $2 billion in 4 years. We will remind: the detention of Pavel Durov in France did not affect the activities of Telegram due to the significant increase in the value of cryptocurrencies on the company’s balance sheet.

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